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InterparfumsSA to develop Off-White® brand in perfume and beauty category
December 3, 2024
InterparfumsSA has obtained all Off-White® brand names and registered trademarks for Class 3 fragrance and cosmetic products, subject to an existing license that expires on December 31st, 2025, when InterparfumsSA will begin commercial use of the fragrance brands. The two companies will build a long-term relationship to work in unison on strategies and category launch and market initiatives.
Press release
2025 outlook - Solid growth
November 13, 2024
Interparfums will achieve further sales growth of over 10% in 2024, driven in particular by the remarkable performance of Lacoste fragrances in a year marked by the takeover of fragrance distribution and by the relaunch of the brand. Sales should reach €880 to 890 million, in line with projections, with a current operating margin exceeding 19% thanks to a strong gross margin and consistently tight control of operating costs.
Press release Presentation
Q3 2024 sales: €258m (+20%)
October 22, 2024
Q3 2024 sales came to €257.6m, up 20% at current exchange rates and 20.2% at constant exchange rates from Q3 2023, reflecting continued strong momentum for the Group’s top-selling brands.
Press release Presentation
Robust results in H1 2024
September 10, 2024
The modest increase in sales prices introduced in early 2022 and 2023 limited the impact of higher raw material and packaging costs on the Group’s H1 2024 gross margin, without adversely affecting volumes. As a result, the gross margin remained high, exceeding expectations at the start of the year.
Press release Presentation
2024 second-quarter sales: €210m (+16%)
July 23, 2024
Bolstered by strong momentum, in line with the trend of previous periods, Interparfums’ sales in Q2 2024 were up by nearly 16%. In a worldwide fragrance market that remains buoyant, this performance reflects the solidity of the Montblanc and Coach fragrances, the continuing growth of Jimmy Choo fragrances and the successful relaunch of Lacoste fragrances.
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Bonus share award
1 new share for every 10 held
June 12, 2024
As announced last March, for the 25th consecutive year, Interparfums’ shareholders are eligible to receive a new issue of bonus shares. On June 11, 2024, the Board of Directors decided to increase the share capital through the capitalization of reserves for the purpose of issuing 6,919,657 new shares destined to be awarded to shareholders on the basis of one (1) new share for every ten (10) shares held.
Press release
2024 first quarter sales
April 25, 2024
In Q1 2023, Interparfums recorded particularly strong growth (+30%), driven by a number of launches, notably for Jimmy Choo fragrances. In Q1 2024, Interparfums had sales of €212.7m, which while down 1% at current exchange rates and stable at constant exchange rates in relation to this high comparison base, was still slightly ahead of budget, thanks to the strength of activity in the quarter.
Press release Presentation
Report on the Combined Ordinary and Extraordinary General Meeting of April 16, 2024
April 17, 2024
The Combined General Meeting of Interparfums’ shareholders was held on April 16, 2024 at the Pavillon d’Armenonville in Paris, chaired by Philippe Benacin, Chairman and Chief Executive Officer.
Press release
The Combined Ordinary and Extraordinary General Meeting of April 16, 2024 Universal Registration Document 2023
March 25, 2024
The preliminary notice of call of the Annual General Meeting (avis préalable de réunion) including the agenda and draft resolutions and the conditions and procedures for participation and voting, was published in the French publication for legal announcements (Bulletin des Annonces Légales Obligatoires or BALO) No. 31 of March 11, 2024, announcement No. 2400462 and posted on the Company’s website (www.interparfums-finance.fr).
Press release
Combined Ordinary and Extraordinary 2024 Annual General Meeting
March 11, 2024
The preliminary meeting notice (avis préalable de réunion) of the Annual General Meeting, including the meeting agenda, draft resolutions and the main procedures for participating and voting, have been published in the French publication for legal announcements (Bulletin des Annonces Légales Obligatoires or BALO) on March 11, 2024 (No. 31) under notice No. 2400462.
Press release
2023 results
February 28, 2024
Strong growth in unit sales and the continuing strength of marketing and advertising investments with a budget of €177m or 22% of sales, in conjunction with maintaining fixed costs under control, contributed to a sharp rise in current operating income to more than €160m for the year, up 16% on 2022, and a current operating margin for the full year reaching 20%.
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2023: Another year of growth - Annual sales: €798.5m (+13%)
January 24, 2024
With sales approaching €800m, in line with expectations, and up from just above €700m the previous year, Interparfums broke a new record in 2023, reflecting a buoyant market, particularly in the first half.
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Continuing improvement in the ESG performance
January 19, 2024
Interparfums’ rating by Sustainalytics, a leading ESG rating firm, improved in 2023, by gaining nearly 10 points in just one year. As a result, the company’s performance is now on par with leading companies in the Beauty sector with a rating that more accurately reflects its progress in terms of ESG performance. On that basis, in the Household Products category, Interparfums now ranks 26th out of a selection of 104 companies.
Press release